Patrick Mahomes Net Worth 2024

Patrick Mahomes Profile Summary

Category	Patrick Mahomes Jr.
Net Worth	Approximately $90 million
Age	28 years (born 17 September 1995)
Residence	Kansas City, Missouri
Marital Status	Married
Spouse	Brittany Matthews
Source of Wealth	Professional Football, Endorsements, Investments
Salary	Approximately $52.65 million per year
Endorsements	BioSteel, Adidas, Oakley, Head & Shoulders, State Farm, Bose, DirecTV, Essentia Water, Electronic Arts
Endorsement Earnings	Approximately $7 million
Philanthropy	15 and the Mahomies Foundation

Patrick Mahomes has amassed a massive wealth through his NFL career, endorsement deals, and smart investments. He has partnerships with brands like Adidas, State Farm, and Head & Shoulders, and owns a slice of the Kansas City Royals.

He has also founded the 15 and Mahomies Foundation, a charitable organization.

Patrick Mahomes Net Worth 2024

Patrick Mahomes’ net worth is largely thanks to his booming NFL career and strategic investments. The quarterback’s impressive earnings from his playing contract is the cornerstone of his wealth, and he also makes considerable profits from his endorsement deals, business ventures, and real estate investments.

Mahomes’ charismatic persona and on-field success have led to lucrative endorsement deals with brands like Hunt’s (which he landed after confessing his love for ketchup), Oakley, State Farm, Adidas, Helzberg Diamonds, and more. He was even featured on the cover of Madden NFL 20, becoming the first Chiefs player to do so in the game’s history.

Besides his hefty football paychecks, Mahomes’ philanthropic efforts have made him a major figure in the sports world. His foundation, 15 and the Mahomies, focuses on improving children’s lives through health initiatives and education scholarships. In addition, he has donated millions to various causes through his partnership with Lebron James. Mahomes is married to high school sweetheart Brittany, and the couple has two young children together. They live in a luxurious home that features a giant pool, private pond, par-three golf hole, and a half-sized football field emblazoned with their personal logo.

Career Earnings and Contracts

Patrick Mahomes’ NFL salary is a significant part of his overall income. He signed a record-setting contract in 2020 with the Kansas City Chiefs worth up to $500 million over a 10-year period, making him one of the highest-paid athletes in sports history.

In addition to his high NFL salary, Mahomes also receives significant revenue from endorsement deals and investments. He has partnerships with brands like Adidas, BioSteel, Head & Shoulders, Bose, Oakley, and Essentia Water. He has even graced the cover of Madden NFL 20.

Mahomes’ wife, Brittany, is a professional soccer player and co-owner of the Kansas City Current, a women’s professional soccer team. She has over 1.1 million followers on the social media platform TikTok and is an ambassador for a sports drink brand called PRIME.

The couple has two children and are expecting a third. In addition to his business ventures, Mahomes is a minority owner of the MLS’s Sporting Kansas City and MLB’s Kansas City Royals. He also has a stake in F1 team Alpine.

Car Collection

Patrick Mahomes has a serious passion for luxury cars. His impressive collection includes a 2020 Rolls-Royce Cullinan, valued at around $335,000, and a Ferrari 812 Superfast—because naturally, he drives a Ferrari that lives up to its name. Adding to his high-speed fleet, Mahomes also owns a Lamborghini Urus and a Genesis G70, reflecting his sophisticated taste for speed and style. Whether on the field or the road, it’s clear that for Mahomes, life is all about moving fast.

Endorsement Deals

After winning his first Super Bowl, Patrick Mahomes’ name became a brand in its own right. Since then, he’s signed endorsement deals with several brands and starred in commercials for them. He’s the face of Adidas, Head and Shoulders, State Farm, and Bose, among other companies. He’s also invested in various startups like Whoop, a wearable technology company with Kevin Durant, Rory McIlroy, and other famous athletes as investors.

In addition to his sponsorships, Mahomes has started a philanthropic foundation called the 15 and the Mahomies Foundation. This organization works to improve the lives of children.

Besides his philanthropic work, Mahomes has also made some lucrative investments in sports teams. He has a minority stake in the MLB’s Kansas City Royals and MLS’ Sporting KC. He and his wife, Brittany, also co-own the Kansas City Current in the NWSL. He’s also an investor in the F1 team Alpine, joining fellow Chiefs player Travis Kelce and actors Ryan Reynolds and Rob McElhenney in investing $211 million this year. He’s the face of the energy drink Prime, which he launched with KSI and Logan Paul.

Expensive Properties

Mahomes hasn’t just won over Kansas City fans—he’s also made his mark on its real estate market. In 2017, he purchased a modest $350,000 “starter” home featuring two bedrooms and three bathrooms. However, by 2019, he upgraded to a sprawling 4,300-square-foot mansion for $1.8 million. With three bedrooms, four bathrooms, and plenty of space for all his trophies, this property is the epitome of luxury.

Investments and Business Ventures

With a solid endorsement portfolio and strategic investments in sports and tech-related businesses, Patrick Mahomes’ net worth is likely to continue to rise long after his football career ends. From his early days slathering ketchup on steak in a Hunt’s commercial to being one of the highest-paid athletes, Mahomes’ career path is a testament to how hard work and a forward-thinking approach can lead to exceptional success.

Aside from earning $20 million in NFL salary each year, Mahomes’ yearly earnings come from 2 PM brand deals, his Prime Energy drink partnership, and investments in a number of different sports franchises. He owns stakes in the Kansas City Royals (MLB), MLS’ Sporting KC, and NWSL’s Kansas City Current as well as Alpine F1 Team in Formula 1.

Mahomes also invests in technology and lifestyle products that align with his personal interests. He is an investor and ambassador for Hyperice, which makes a product that helps relieve muscle soreness, and he is also invested in Whoop, which provides a fitness/sleep tracker. Moreover, Mahomes and his wife, Brittany, have an ownership interest in the Miami Pickleball Club.

Patrick Mahomes’ Real Estate Holdings

Patrick Mahomes’ career earnings and endorsement deals have allowed him to build quite a real estate portfolio. He currently owns multiple properties in Missouri and Texas worth around $8 million.

His first foray into property investing was in 2017 when he purchased a 1,800-square-foot condo near Arrowhead Stadium. The home was a bargain at $350,000 and is now worth around $8 million.

In January 2019, Mahomes upgraded to a larger house. The three-bedroom, four-bathroom mansion cost $1.8 million and has a pool, hot tub, rose garden, and screened porch. It also features a 500-bottle wine room and a chef’s kitchen.

Mahomes is a family man who married his high school sweetheart Brittany in 2022. She is a co-owner of the professional women’s soccer team Kansas City Current and has more than 2 million followers on Instagram.

The couple has two children together. Off the field, Mahomes is an active philanthropist and donates to local charities. He has also made major investments in sports and technology companies. He has a 1% stake in MLB’s Kansas City Royals, owns MLS’ Sporting KC, and has a stake in wearable fitness tracker Whoop.

Salary Breakdown and Bonuses

With his record-setting contract, Patrick Mahomes is currently the highest-paid quarterback in the NFL. His base salary is $555,000 a year, and he has numerous other bonuses that can boost his earnings. His endorsements are estimated to bring in $7 million a year, which further increases his net worth. He has sponsored numerous brands including Adidas, Airshare, BioSteel, CommunityAmerica Credit Union, Hy-Vee, Molson Coors, Oakley, Panini, State Farm Mutual Auto Insurance, and more.

He also has an ownership stake in the Kansas City Royals and a minority share in MLS’ Sporting Kansas City, as well as the professional women’s soccer team, Kansas City Current. He has been involved in a Netflix production called “Quarterbacks” along with fellow NFL superstars Kirk Cousins and Marcus Mariota, which is expected to increase his profile.

He has a passion for golf and has competed in several celebrity tournaments. His wife, Brittany, is often seen by his side at Chiefs games. She is a former soccer player and co-owner of the Kansas City Current. She is also an entrepreneur and fitness influencer.

Patrick Mahomes’ Luxurious Lifestyle

Patrick Mahomes’ lucrative NFL contract and endorsement deals have helped him amass a massive wealth portfolio. The quarterback has secured high-value property investments and a dazzling collection of luxury cars. He is also a highly-recognizable figure due to his frequent TV appearances and sponsorship deals with brands such as Adidas, Oakley, State Farm, Head and Shoulders, and Bose. To explore another rising star’s financial success, check out Karely Ruiz’s net worth for more details on her incredible journey.

The quarterback and his wife, Brittany, live in a luxurious eight-acre mansion that reflects their successful careers. The couple has a one-year-old son, Bronze, and a dog named Silver. Their luxurious lifestyle is a testament to how professional athletes can build a lucrative lifestyle through their sports achievements.

The couple has a second home in Westlake, Texas, which they use as their base during the NFL offseason. The family loves to travel, as evidenced by their many Instagram posts. They often fly on private jets and enjoy the perks of the NFL life, including access to premium airport lounges. The couple’s luxurious lifestyle also includes a lavish car collection that features vehicles such as the Lamborghini Urus, Porsche Cayenne Turbo S, Ferrari 812 Superfast, and Genesis G70.

Philanthropy and Charitable Contributions

Patrick Mahomes has done more than just dominate on the football field. He has also been a philanthropist and a generous contributor to charitable projects. His foundation, the 15 and the Mahomies Foundation, works to support youth initiatives in the Kansas City community. It focuses on 15 different charity programs that include classroom supplies, sports, children with disabilities, and more.

The 15 and the Mahomies Foundation recently partnered with Community America to launch a reading initiative called Read for 15. It will encourage elementary school students in the Greater Kansas City area and South Plains of Texas to read for at least 15 minutes a day.

Aside from his philanthropic work, Mahomes has made savvy investments and business ventures to diversify his income streams. He owns a stake in the MLS’ Sporting Kansas City and is also part-owner of the National Women’s Soccer League’s Kansas City Current. He has also invested in the restaurant industry, partnering with a franchise group to bring Whataburger to the KC metro. He enjoys a “#1 with cheese, ketchup and pickles, a large fry, and a Coke,” he once said.

Conclusion

Patrick Mahomes has not only established himself as one of the greatest quarterbacks in NFL history but has also built an impressive empire off the field. From record-breaking contracts and endorsement deals to smart investments and philanthropic efforts, Mahomes has created a lifestyle that reflects his immense success. His luxurious real estate portfolio, stunning car collection, and commitment to giving back demonstrate that his influence extends far beyond football. As he continues to achieve new heights in his career, Mahomes’ net worth is expected to keep soaring, solidifying his legacy as a sports and business icon.

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